West Africa ///

Panoro Energy reports successful completion of first production well at Tortue

Panoro Energy has announced the successful drilling and completion of the first development well, DTM-2H, in Tortue field, within the Dussafu PSC, offshore Gabon.

Harbour Energy seeks Santos growth with $10.3-billion offer

Harbour Energy CEO Linda Cook said she would seek to expand Santos in Asia and Africa after making a $10.3 billion offer for Australia’s third-largest energy producer.

Shell suspects ex-executive committed crime in Nigeria deal

Shell referred a former vice president for sub-Saharan to the Dutch authorities, suspecting he may have committed crimes related to an asset sale in Nigeria.

Shell, Eni misled Nigeria on oil spills, Amnesty says

Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said.

Chariot Oil & Gas begins drilling Rabat Deep 1 well in Morocco

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has commenced drilling on the Rabat Deep Permits in Morocco.

Wood secures three contracts with Woodside in Senegal

Wood has been awarded three contracts to perform subsea and flow assurance studies for Woodside in Senegal, West Africa, supporting the proposed SNE Field Development in the Rufisque, Sangomar and Sangomar Deep Offshore blocks located offshore Senegal.

Nigeria state oil company hasn't explained missing billions

An agency tasked with cleaning up Nigeria’s murky oil industry says even though financial accountability has improved the state oil company still hasn’t explained billions of dollars of missing revenue.

Africa Oil completes investment in Impact Oil and Gas

Africa Oil Corp. has announced that it has completed the previously announced (Feb. 7, 2018) investment in Impact Oil and Gas Limited, a private UK company with exploration assets in South and West Africa.

World of Oil & Gas

Emily Querubin, World Oil

TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.

Equatorial Guinea energy outlook takes a double hit this week

OPEC member Equatorial Guinea suffered a double blow this week to its ambition of revitalizing its energy industry.

Ex-exec at Sonangol denies any wrongdoing at state firm

Isabel Dos Santos, the billionaire fired as chairwoman of Angola’s state oil company last year, denied any wrongdoing in the transfer of $38.2 million from the company.

ExxonMobil pursues Ghana’s deepwater exploration acreage

Analysis of Ghana’s upstream oil and gas industry shows that the country currently has 21 licensed blocks, of which 14 are in the ultra-deepwater terrain, five are in shallow water, and two in deepwater, according to GlobalData, a leading data and analytics company.

Oil-rich Nigeria's fuel scarcity weighs on Buhari's popularity

Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state’s failure to fix a problem that’s bedeviled Africa’s biggest oil producer for decades: fuel shortages.

Ghana weighs locking in oil prices to keep lid on inflation

Ghana may start locking in future prices for oil and petroleum imports from the end of March as it seeks to contain inflation, said Finance Minister Ken Ofori-Atta.

Halliburton facilities, business lines first in Angola to achieve API Q2 registration

Halliburton announced today that its Angolan facilities, Luanda – SONILS base, which incorporates the Cabinda – Malembo base and Soyo – Kwanda base facilities, and all of the company’s product service lines in those locations have received the American Petroleum Institute (API) Specification Q2 Registration.

Danos completes offshore facility turnaround in Equatorial Guinea

Danos has successfully completed a turnaround comprising four client offshore facilities in Equatorial Guinea.

Japaul Nigeria to receive $350-million funding from Milost

Japaul Oil & Maritime Services Plc, a Nigerian oil-services company, said it signed an agreement with private equity firm Milost Global Inc. for $350 million in shares and loans for business expansion.

Africa's top oil producer poised to give OPEC an output headache

Add independent Nigerian drillers to the list of oil producers itching to supply more crude at a time when OPEC and allies like Russia are trying to restrict output and prop up prices.

Major milestone achieved for BP-operated Tortue/Ahmeyim gas project

BP today confirmed that a key agreement between the governments of Mauritania and Senegal, which will enable the development of the BP-operated Tortue/Ahmeyim gas project to continue to move towards a final investment decision, has been signed by the two governments.

Sound Energy announces eight-year Sidi Moktar petroleum agreement

Sound Energy, the Morocco focused upstream gas company, has announced the award of an eight-year petroleum agreement relating to the area currently covered by the Sidi Moktar onshore exploration permits in the Essaouira basin, central Morocco (Sidi Moktar).